Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59
Mike Lynch, who had just recently won a landmark U.S. fraud trial, was found dead in the wreckage of a yacht that sank off the coast of Sicily. He was 59.
CNBC’s Inside India newsletter: The search for a stock market alternative
Indian bonds attract foreign investors as Wall Street forecasts lackluster future growth in stock prices.
Canadian government moves quickly to end national rail stoppage
The Canadian government moved quickly on Thursday to end an unprecedented rail stoppage, announcing it would ask the country’s industrial relations board to issue a back-to-work order that could come in a few days.
China’s self-driving startup WeRide delays U.S. IPO as deadline looms
WeRide was expected to offer 6.5 million ADS (American depositary shares) in the range of $15.50 to $18.50.
Deutsche Bank shares rise 4% after settlement of bulk of claims in long-running Postbank suit
Deutsche Bank has reached a settlement with the bulk of claims in the Postbank suit, which have been hanging over the bank for years.
European markets move higher as Fed minutes point to September cut
European stocks moved higher on Thursday as investors digested the Federal Reserve’s latest comments on the future path of interest rates.
Stocks close lower, Nasdaq slides 1% as Treasury yields rise and Powell speech looms: Live updates
Traders are looking ahead to commentary from Federal Reserve Chair Jerome Powell on Friday for further clues about a potential rate cut.
British tech entrepreneur Mike Lynch and Morgan Stanley’s Bloomer retrieved from yacht wreckage
Mike Lynch was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored off the coast of Sicily.
Bavarian Nordic shares pop over 13% on earnings beat, bumper mpox vaccine order
Shares of Danish biotech company Bavarian Nordic jumped Thursday after reporting first-half earnings and a bumper mpox vaccine order.
PwC China faces six-month business ban, large fine over Evergrande audit, sources say
Regulators will likely order business suspension for a big part of PricewaterhouseCoopers’ auditing unit in mainland China for six months, five sources said.
